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Electric Revolution: Pakistan's Surge in E-Bike Adoption Amidst Fuel Crisis

News Snapshot:

Pakistan's electric motorbike industry is witnessing an unprecedented boom as escalating fuel prices, due to the Middle East crisis, push consumers towards more sustainable options. Electric vehicles (EVs), particularly motorbikes, have seen sales soar amid fears of petrol shortages and increasing inflation.Government initiatives, such as the Pakistan Accelerated Vehicle Electrification (PAVE) plan, are crucial in this transition, offering subsidies and interest-free loans to make EVs more affordable. This is part of a broader strategy to reduce dependence on fuel imports and capitalize on the country's solar potential.Chinese manufacturers play a pivotal role, supplying the majority of the market. However, challenges…

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